SEC Form 4 · accession 0000920427-17-000077
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne Courtright
Director
Period of report
Sep 6, 2017
Accepted (ET)
Sep 7, 2017 · 2:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920427
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 6, 2017 | M | 4,620 | $6.46 | A | 100,513 | D | |
| Restricted StockF2 | holding | — | — | — | 4,700 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3,F5,F4 | $6.46 | Sep 6, 2017 | M | 4,620 | D | Dec 20, 2008 | Dec 20, 2017 | Common Stock | 4,620 | 14,800 | D |
Explanation of responses
- F117,885 shares are held in an account at Computershare, and 82,628 shares are held in brokerage accounts.
- F24,700 shares are held in an account at Computershare with upcoming vesting dates.
- F3Mr. Courtright exercised 4,620 stock options at $6.46 per share.
- F44,620 stock options were granted on 12/20/2007, which vested one-third per year commencing 12/20/2008, 12/20/2009 and 12/20/2010 at $6.46 per share that expire on 12/20/2017.
- F514,800 stock options were granted of which 10,267 are currently exercisable.
Remarks
Total Beneficial Ownership: 105,213